One of my client is having income from share market transaction as well as professional income. Sir, my question is what to do to know that particular share is held for short term or long term as the share market account contains almost 500 entries. Any short cut available? & each & every transaction should be filled while filling ITR?? Please help me on this topic. Thanks in advance.
16 June 2015
Thank you sir... But how to prepare income tax return & the last profit or loss is treated as his profit for the period & what about dividend received?? if you explained in detail than it would be a great help.